Indoor sports training startup Zwift raises $120 million

US-based indoor sports training startup Zwift has raised $120 million in a Series B funding round led by Highland Europe, to aid expansion in esports. Europe’s True, Causeway Media and Novator Partners also participated in the funding round. “In 2018, more than one-third of the Tour de France peloton were Zwifters,” Co-founder and CEO of Zwift Eric Min said.